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Newsletter September 2010: Others must follow US' tough regulation stance

Simon Turmaine | September 8, 2010

CHARLOTTE, NORTH CAROLINA – Now that the Dodd-Frank financial reform legislation has been passed, the US is determined to ensure that other major countries apply equally tough banking standards. That was made clear in August by Michael Barr, US Treasury assistant secretary for financial institutions, in two key speeches in regional financial centres.

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